Latest / QuantAlpha Digital Asset Update
Jul 17 — Wall Street moves into crypto ownership and…
• Citadel Securities paid $400M for an equity stake in Crypto.com, valuing it at $20B — a major market maker shifting from trading crypto to owning the venues where it trades. • Visa is launching a bank-facing platform to mint and transfer digital dollars starting with a token called Open USD — putting it in direct competition with Circle's USDC for stablecoin dominance in mainstream banking. • T. Rowe Price listed a multi-token spot crypto ETF under ticker TKNZ on NYSE Arca, while Morgan Stanley began offering direct BTC, ETH, and SOL trading via E*Trade — two moves that open institutional…
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